Unsecured creditors can’t take money from your account or seize your assets without suing you first and getting a judgment. You have to get notice of such a suit and an opportunity to contest the charge. That’s what “due process” means.

Creditors sometimes threaten to “send you to collections” as though it was a real place, full of horrors.

In reality, it just means they are handing the problem off to someone else, who has no more real power to take your assets than the speaker does. Don’t be stampeded.